PMC Commercial Trust (AMEX: PCC) is on The StockGuru Leader Board today. The stock closed up 8.49% on Thursday.
Volume was 70,980 shares traded.
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About the Company:
PMC Commercial Trust operates as a real estate investment trust (REIT). It primarily originates loans to small businesses, principally in the limited service hospitality industry, collateralized by first liens on the real estate of the related business. The company has elected to be treated as a REIT under the Internal Revenue Code and would not be subject to federal income tax, provided it distributes approximately 90% of its taxable income to its shareholders. PMC Commercial Trust was founded in 1993 and is headquartered in Dallas, Texas.
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